FHA Loan Limits on FHA Mortgage Programs in 2017

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How Congress and HUD Work Together to Set Loan Limits for FHA

FHA programs offer an excellent opportunity for people with average credit and limited down payment money to own their own home. Year after year, FHA mortgages are some of the most popular financing programs on the market and the 2017 FHA loan limits were raised by Congress so more home buyers will have access in many areas of the country. The Federal Housing Administration and the Department of Housing and Urban Development lifted the HUD loan limits for FHA maximum loan amounts this year and this should help drive housing sales positively.

2017 fha loan limits

The Federal Housing Administration does not extend financing, as home loans are not made by the federal government. Instead, the US government guarantees the loans so that mortgage lenders are encouraged to issue loans to people with lower credit scores and lower income and down payments. Some FHA financing can be obtained with just a 3.5% down-payment.

Each year, Congress, HUD and FHA work together to set new HUD limits for FHA loans. Higher loan amounts could translate to increased purchase power for first time home buyers. A good example of this is the announcement that FHA made regarding loans for 2016, which was made at the end of last year. These government agencies set the FHA 203K loan limits and the max FHA loan amount for the year. According to the press release above, the maximum loan limits for mortgages did increase in 188 counties across the US.

There were not any areas with a decrease in maximum loan limits for home mortgages. We anticipate that 2017 FHA loan limits will be raised in many counties. The 2017 loan limits for Fannie Mae and Freddie Mac increased for the first time in years as it was recently announced. The government sponsored agencies may differ from FHA and HUD loan limits.

Every year, FHA does a recalculation of loan limits that are based on 115% of the area’s median home price. For counties that are located in MSAs or Metropolitan Statistical Areas, the limit for all areas in that MSA is figured based upon the highest cost county.

For 2016, there was no change in the national loan limit ceiling, which is still at $625,000. The floor is at $271,000. The minimum national loan limit floor is set at 65% of the conforming loan limit, which is $417,000. The floor then applies to areas where 115% of the median home value is under 65% of the national loan limit.

Any area of the country where the HUD FHA loan limit is above the floor is considered by HUD and FHA to be a high cost area. The maximum FHA loan limit ceiling for such higher costs areas is 150% of the national US conforming limit.

Watch Video on 2017 FHA Loan Limits and Trump Rethinking Insurance Rate Cut

Where the Limits Come From

One of the most common questions that FHA shoppers ask is where do these HUD loan limits come from. the 2017 FHA loan limits are figured based upon the county in which the home is situated. These parameters set the boundaries for the maximum FHA loan amount allowed by region.

As noted above, the only exception is for homes that are located in MSA’s. For these metro areas, limits are determined using the country with the highest median home price within that area.

So, the geographical location has a lot to do with how FHA loan limits are determined. The maximum lending amount for FHA insured loans are based upon a percentage of the loan limits (conforming).

Home shoppers need to understand that limits on FHA loan amounts will vary from county to county. They are based upon the Home Price Index and they are updated or reviewed every year. Many first time house buyers like to compare Fannie Mae and FHA when considering financing.

Advantages of Higher Maximum FHA Loan Amounts

Below are the most common reasons that home buyers get an FHA or HUD loan:

Low Credit Score Requirements: There are FHA loans available where the borrower can get a loan when they have a credit score of only 580. In some cases with that low of a credit score, it may be possible to put down as little as 3.5%, but more commonly, 10% down is required.

You should keep in mind that FHA sets the minimum credit score at 580, but some lenders may have higher requirements. Generally, you should be able to find an FHA mortgage quite easily if you have a credit score of at least 620.

What FHA Credit Scores Are Need to Qualify in 2017 and 2018?

Low Mortgage Rates: FHA interest rates today are usually lower than conventional rates; this is because the loan is guaranteed by the federal government, so the loan provider is willing to lower the rate. If you default, the government will pick up the majority of the tab.

Closing Cost Assistance: Home loans insured by FHA let the seller to pay as much as 6% of the loan amount to cover closing costs. This is more than the typical 3% that regular loan providers can do.

This is a major benefit for many home buyers; after you have saved money for a down payment, you may not have much money left.

FHA Mortgage Premiums Have Been Reduced: One of the downsides of an FHA loan has been the costs, which comes in the form of upfront and annual mortgage insurance premiums. The upfront insurance premium is 1.75% of the loan amount. This amounts to $3500 on a $200k loan. This will be added to the balance of your loan.

However, in 2015, FHA did reduce the annual mortgage insurance premium from 1.35% to .85%. This is much cheaper and will save you hundreds per year.

We are big fans of the FHA-program because it offers people with average or below average credit scores the ability to buy a home. There are people who have had credit problems who are not financially irresponsible; there are many cases in the last economic downturn where a person lost their job or had hours cut and could not pay their rent or mortgage.

This leads to a lowered credit score, but once the person has a job and is producing income again, he or she could be a very good risk for a home loan. You just need to make sure that the house that you want in your area does not go above HUD FHA loan limits, or you may find that you have to get a conventional loan.

2017 FHA Loan Limits in Texas, Oklahoma, Louisiana, and Illinois,

One of the most popular, affordable ways to buy a home today is FHA financing.

FHA mortgages, which are backed by the Federal Housing Administration, allow very low down payments of 3.5% and have very flexible lending criteria. You also can have a low credit score and still qualify for a loan, if you have the income to support the payment.

However, FHA will only insure homes up to a certain value. This means that if the buyer defaults on the mortgage, the FHA will pay off the lender for a large part of the loan. This encourages lenders to provide loans to people with lower credit scores and down payments.

If you think you want to get an FHA mortgage for your next home, it is important to know what the FHA loan limit is for your area. If you want to buy a home that is above the limit for your area, FHA will not insure that loan, and your only option will be conventional mortgages.

In 2017, the FHA raised the HUD loan limits in most areas of the US, indicating that economic activity is on the upswing. The increase in the loan limits is partially due as well to rising home values. FHA recalculates the HUD loan limits nationally each year. The limits are based upon a calculation of the percentage of the nation’s conforming loan limit.

For 2017, the FHA national loan limit ceiling for higher cost areas has been increased to $636,000 from $625,000. FHA also is increasing the floor in lower cost areas to $275,665 from $271,050.

FHA reported that the maximum loan limits for regular FHA mortgages increased in 2948 counties across the US. There were not any areas with a decrease in the maximum loan limit, but the limits were unchanged in 286 counties.

FHA Loan Limits for TX, OK, LA and IL

If you are thinking about an FHA house loan in a certain state, it is very important to know what the current HUD loan limit is. That way, you know the maximum price of the house that you can consider and still get an FHA mortgage.

If the home you are looking at is more than that, you will not be able to get an FHA home mortgage. Conventional loans typically require a higher credit score and down payment, thus putting them out of the range of many Americans.

Below are the 2017 FHA loan limits for various states:

Texas FHA Loan Limits: $424,100

County Name State One-Family Two-Family Three-Family Four-Family Median Sale Price
ANDERSON TX $275,665 $352,950 $426,625 $530,150 $107,000
ANDREWS TX $275,665 $352,950 $426,625 $530,150 $109,000
ANGELINA TX $275,665 $352,950 $426,625 $530,150 $127,000
ARANSAS TX $275,665 $352,950 $426,625 $530,150 $187,000
ARCHER TX $275,665 $352,950 $426,625 $530,150 $138,000
ARMSTRONG TX $275,665 $352,950 $426,625 $530,150 $178,000
ATASCOSA TX $327,750 $419,550 $507,150 $630,300 $285,000
AUSTIN TX $331,200 $424,000 $512,500 $636,900 $288,000
BAILEY TX $275,665 $352,950 $426,625 $530,150 $76,000
BANDERA TX $327,750 $419,550 $507,150 $630,300 $285,000
BASTROP TX $361,100 $462,250 $558,750 $694,400 $314,000
BAYLOR TX $275,665 $352,950 $426,625 $530,150 $87,000
BEE TX $275,665 $352,950 $426,625 $530,150 $111,000
BELL TX $275,665 $352,950 $426,625 $530,150 $178,000
BEXAR TX $327,750 $419,550 $507,150 $630,300 $285,000
BLANCO TX $275,665 $352,950 $426,625 $530,150 $155,000
BORDEN TX $275,665 $352,950 $426,625 $530,150 $104,000
BOSQUE TX $275,665 $352,950 $426,625 $530,150 $110,000
BOWIE TX $275,665 $352,950 $426,625 $530,150 $129,000
BRAZORIA TX $331,200 $424,000 $512,500 $636,900 $288,000
BRAZOS TX $275,665 $352,950 $426,625 $530,150 $211,000
BREWSTER TX $275,665 $352,950 $426,625 $530,150 $156,000
BRISCOE TX $275,665 $352,950 $426,625 $530,150 $65,000
BROOKS TX $275,665 $352,950 $426,625 $530,150 $85,000
BROWN TX $275,665 $352,950 $426,625 $530,150 $114,000
BURLESON TX $275,665 $352,950 $426,625 $530,150 $211,000
BURNET TX $275,665 $352,950 $426,625 $530,150 $174,000
CALDWELL TX $361,100 $462,250 $558,750 $694,400 $314,000
CALHOUN TX $275,665 $352,950 $426,625 $530,150 $111,000
CALLAHAN TX $275,665 $352,950 $426,625 $530,150 $155,000
CAMERON TX $275,665 $352,950 $426,625 $530,150 $112,000
CAMP TX $275,665 $352,950 $426,625 $530,150 $117,000
CARSON TX $275,665 $352,950 $426,625 $530,150 $178,000
CASS TX $275,665 $352,950 $426,625 $530,150 $96,000
CASTRO TX $275,665 $352,950 $426,625 $530,150 $84,000
CHAMBERS TX $331,200 $424,000 $512,500 $636,900 $288,000
CHEROKEE TX $275,665 $352,950 $426,625 $530,150 $111,000
CHILDRESS TX $275,665 $352,950 $426,625 $530,150 $82,000
CLAY TX $275,665 $352,950 $426,625 $530,150 $138,000
COCHRAN TX $275,665 $352,950 $426,625 $530,150 $38,000
COKE TX $275,665 $352,950 $426,625 $530,150 $112,000
COLEMAN TX $275,665 $352,950 $426,625 $530,150 $81,000
COLLIN TX $362,250 $463,750 $560,550 $696,650 $315,000
COLLINGSWORTH TX $275,665 $352,950 $426,625 $530,150 $73,000
COLORADO TX $275,665 $352,950 $426,625 $530,150 $133,000
COMAL TX $327,750 $419,550 $507,150 $630,300 $285,000
COMANCHE TX $275,665 $352,950 $426,625 $530,150 $82,000
CONCHO TX $275,665 $352,950 $426,625 $530,150 $97,000
COOKE TX $275,665 $352,950 $426,625 $530,150 $146,000
CORYELL TX $275,665 $352,950 $426,625 $530,150 $178,000

Oklahoma FHA Loan Limits: $424,100

County Name State One-Family Two-Family Three-Family Four-Family Median Sale Price
ADAIR OK $275,665 $352,950 $426,625 $530,150 $45,000
ALFALFA OK $275,665 $352,950 $426,625 $530,150 $29,000
ATOKA OK $275,665 $352,950 $426,625 $530,150 $45,000
BEAVER OK $275,665 $352,950 $426,625 $530,150 $40,000
BECKHAM OK $275,665 $352,950 $426,625 $530,150 $94,000
BLAINE OK $275,665 $352,950 $426,625 $530,150 $40,000
BRYAN OK $275,665 $352,950 $426,625 $530,150 $89,000
CADDO OK $275,665 $352,950 $426,625 $530,150 $45,000
CANADIAN OK $275,665 $352,950 $426,625 $530,150 $158,000
CARTER OK $275,665 $352,950 $426,625 $530,150 $80,000
CHEROKEE OK $275,665 $352,950 $426,625 $530,150 $82,000
CHOCTAW OK $275,665 $352,950 $426,625 $530,150 $37,000
CIMARRON OK $275,665 $352,950 $426,625 $530,150 $32,000
CLEVELAND OK $275,665 $352,950 $426,625 $530,150 $158,000
COAL OK $275,665 $352,950 $426,625 $530,150 $46,000
COMANCHE OK $275,665 $352,950 $426,625 $530,150 $110,000
COTTON OK $275,665 $352,950 $426,625 $530,150 $110,000
CRAIG OK $275,665 $352,950 $426,625 $530,150 $55,000
CREEK OK $275,665 $352,950 $426,625 $530,150 $150,000
CUSTER OK $275,665 $352,950 $426,625 $530,150 $120,000
DELAWARE OK $275,665 $352,950 $426,625 $530,150 $85,000
DEWEY OK $275,665 $352,950 $426,625 $530,150 $48,000
ELLIS OK $275,665 $352,950 $426,625 $530,150 $40,000
GARFIELD OK $275,665 $352,950 $426,625 $530,150 $104,000
GARVIN OK $275,665 $352,950 $426,625 $530,150 $48,000
GRADY OK $275,665 $352,950 $426,625 $530,150 $158,000
GRANT OK $275,665 $352,950 $426,625 $530,150 $37,000
GREER OK $275,665 $352,950 $426,625 $530,150 $39,000
HARMON OK $275,665 $352,950 $426,625 $530,150 $36,000
HARPER OK $275,665 $352,950 $426,625 $530,150 $46,000
HASKELL OK $275,665 $352,950 $426,625 $530,150 $58,000
HUGHES OK $275,665 $352,950 $426,625 $530,150 $31,000
JACKSON OK $275,665 $352,950 $426,625 $530,150 $95,000
JEFFERSON OK $275,665 $352,950 $426,625 $530,150 $30,000
JOHNSTON OK $275,665 $352,950 $426,625 $530,150 $40,000
KAY OK $275,665 $352,950 $426,625 $530,150 $73,000
KINGFISHER OK $275,665 $352,950 $426,625 $530,150 $130,000
KIOWA OK $275,665 $352,950 $426,625 $530,150 $30,000
LATIMER OK $275,665 $352,950 $426,625 $530,150 $31,000
LE FLORE OK $275,665 $352,950 $426,625 $530,150 $108,000
LINCOLN OK $275,665 $352,950 $426,625 $530,150 $158,000
LOGAN OK $275,665 $352,950 $426,625 $530,150 $158,000
LOVE OK $275,665 $352,950 $426,625 $530,150 $68,000
MAJOR OK $275,665 $352,950 $426,625 $530,150 $55,000
MARSHALL OK $275,665 $352,950 $426,625 $530,150 $63,000
MAYES OK $275,665 $352,950 $426,625 $530,150 $81,000
MCCLAIN OK $275,665 $352,950 $426,625 $530,150 $158,000
MCCURTAIN OK $275,665 $352,950 $426,625 $530,150 $67,000
MCINTOSH OK $275,665 $352,950 $426,625 $530,150 $45,000
MURRAY OK $275,665 $352,950 $426,625 $530,150 $40,000

Illinois FHA Loan Limit: $424,100

County Name State One-Family Two-Family Three-Family Four-Family Median Sale Price
ADAMS IL $275,665 $352,950 $426,625 $530,150 $103,000
ALEXANDER IL $275,665 $352,950 $426,625 $530,150 $155,000
BOND IL $275,665 $352,950 $426,625 $530,150 $220,000
BOONE IL $339,250 $434,300 $524,950 $652,400 $148,000
BROWN IL $275,665 $352,950 $426,625 $530,150 $90,000
BUREAU IL $275,665 $352,950 $426,625 $530,150 $92,000
CALHOUN IL $275,665 $352,950 $426,625 $530,150 $220,000
CARROLL IL $275,665 $352,950 $426,625 $530,150 $80,000
CASS IL $275,665 $352,950 $426,625 $530,150 $75,000
CHAMPAIGN IL $275,665 $352,950 $426,625 $530,150 $148,000
CHRISTIAN IL $275,665 $352,950 $426,625 $530,150 $70,000
CLARK IL $275,665 $352,950 $426,625 $530,150 $79,000
CLAY IL $275,665 $352,950 $426,625 $530,150 $68,000
CLINTON IL $275,665 $352,950 $426,625 $530,150 $220,000
COLES IL $275,665 $352,950 $426,625 $530,150 $87,000
COOK IL $365,700 $468,150 $565,900 $703,250 $297,000
CRAWFORD IL $275,665 $352,950 $426,625 $530,150 $60,000
CUMBERLAND IL $275,665 $352,950 $426,625 $530,150 $87,000
DE WITT IL $275,665 $352,950 $426,625 $530,150 $152,000
DEKALB IL $365,700 $468,150 $565,900 $703,250 $297,000
DOUGLAS IL $275,665 $352,950 $426,625 $530,150 $87,000
DUPAGE IL $365,700 $468,150 $565,900 $703,250 $297,000
EDGAR IL $275,665 $352,950 $426,625 $530,150 $76,000
EDWARDS IL $275,665 $352,950 $426,625 $530,150 $68,000
EFFINGHAM IL $275,665 $352,950 $426,625 $530,150 $97,000
FAYETTE IL $275,665 $352,950 $426,625 $530,150 $86,000
FORD IL $275,665 $352,950 $426,625 $530,150 $148,000
FRANKLIN IL $275,665 $352,950 $426,625 $530,150 $69,000
FULTON IL $275,665 $352,950 $426,625 $530,150 $65,000
GALLATIN IL $275,665 $352,950 $426,625 $530,150 $32,000
GREENE IL $275,665 $352,950 $426,625 $530,150 $89,000
GRUNDY IL $365,700 $468,150 $565,900 $703,250 $297,000
HAMILTON IL $275,665 $352,950 $426,625 $530,150 $38,000
HANCOCK IL $275,665 $352,950 $426,625 $530,150 $97,000
HARDIN IL $275,665 $352,950 $426,625 $530,150 $72,000
HENDERSON IL $275,665 $352,950 $426,625 $530,150 $86,000
HENRY IL $275,665 $352,950 $426,625 $530,150 $158,000
IROQUOIS IL $275,665 $352,950 $426,625 $530,150 $65,000
JACKSON IL $275,665 $352,950 $426,625 $530,150 $83,000
JASPER IL $275,665 $352,950 $426,625 $530,150 $118,000
JEFFERSON IL $275,665 $352,950 $426,625 $530,150 $74,000
JERSEY IL $275,665 $352,950 $426,625 $530,150 $220,000
JO DAVIESS IL $275,665 $352,950 $426,625 $530,150 $118,000
JOHNSON IL $275,665 $352,950 $426,625 $530,150 $94,000
KANE IL $365,700 $468,150 $565,900 $703,250 $297,000
KANKAKEE IL $275,665 $352,950 $426,625 $530,150 $129,000
KENDALL IL $365,700 $468,150 $565,900 $703,250 $297,000
KNOX IL $275,665 $352,950 $426,625 $530,150 $70,000
LAKE IL $365,700 $468,150 $565,900 $703,250 $297,000
LASALLE IL $275,665 $352,950 $426,625 $530,150 $92,00

2017 FHA Loan Limits in Virginia, Maryland, Washington DC, and North Carolina

Below is more information about FHA loan limits for Virginia, Maryland, Washington DC and North Carolina.

Virginia Loan Limits

For a single-family home in Virginia, FHA loan limits vary considerably based upon the county. Counties that are closer to the Washington DC area have higher limits.

For example, Arlington County near DC has a limit of $636,150 for a single-family home. But in Lynchburg in Amherst County, the limit is only $292,100.

Frederick County in western Virginia has a limit of $281,750. But the town of Charlottesville has a higher limit of $437,000.

County Name State One-Family Two-Family Three-Family Four-Family Median Sale Price
ACCOMACK VA $275,665 $352,950 $426,625 $530,150 $65,000
ALBEMARLE VA $437,000 $559,450 $676,200 $840,400 $332,000
ALEXANDRIA CITY VA $636,150 $814,500 $984,525 $1,223,475 $780,000
ALLEGHANY VA $275,665 $352,950 $426,625 $530,150 $115,000
AMELIA VA $535,900 $686,050 $829,250 $1,030,600 $295,000
AMHERST VA $292,100 $373,950 $452,000 $561,700 $183,000
APPOMATTOX VA $292,100 $373,950 $452,000 $561,700 $183,000
ARLINGTON VA $636,150 $814,500 $984,525 $1,223,475 $780,000
AUGUSTA VA $275,665 $352,950 $426,625 $530,150 $185,000
BATH VA $275,665 $352,950 $426,625 $530,150 $80,000
BEDFORD VA $292,100 $373,950 $452,000 $561,700 $183,000
BEDFORD CITY VA $292,100 $373,950 $452,000 $561,700 $183,000
BLAND VA $275,665 $352,950 $426,625 $530,150 $77,000
BOTETOURT VA $275,665 $352,950 $426,625 $530,150 $190,000
BRISTOL CITY VA $275,665 $352,950 $426,625 $530,150 $139,000
BRUNSWICK VA $275,665 $352,950 $426,625 $530,150 $65,000
BUCHANAN VA $275,665 $352,950 $426,625 $530,150 $53,000
BUCKINGHAM VA $437,000 $559,450 $676,200 $840,400 $332,000
BUENA VISTA CIT VA $275,665 $352,950 $426,625 $530,150 $103,000
CAMPBELL VA $292,100 $373,950 $452,000 $561,700 $183,000
CAROLINE VA $535,900 $686,050 $829,250 $1,030,600 $295,000
CARROLL VA $275,665 $352,950 $426,625 $530,150 $60,000
CHARLES CITY VA $535,900 $686,050 $829,250 $1,030,600 $295,000
CHARLOTTE VA $275,665 $352,950 $426,625 $530,150 $50,000
CHARLOTTESVILLE VA $437,000 $559,450 $676,200 $840,400 $332,000
CHESAPEAKE CITY VA $458,850 $587,400 $710,050 $882,400 $315,000
CHESTERFIELD VA $535,900 $686,050 $829,250 $1,030,600 $295,000
CLARKE VA $636,150 $814,500 $984,525 $1,223,475 $780,000
COLONIAL HEIGHT VA $535,900 $686,050 $829,250 $1,030,600 $295,000
COVINGTON CITY VA $275,665 $352,950 $426,625 $530,150 $68,000
CRAIG VA $275,665 $352,950 $426,625 $530,150 $190,000
CULPEPER VA $636,150 $814,500 $984,525 $1,223,475 $780,000
CUMBERLAND VA $275,665 $352,950 $426,625 $530,150 $111,000
DANVILLE CITY VA $275,665 $352,950 $426,625 $530,150 $80,000
DICKENSON VA $275,665 $352,950 $426,625 $530,150 $93,000
DINWIDDIE VA $535,900 $686,050 $829,250 $1,030,600 $295,000
EMPORIA CITY VA $275,665 $352,950 $426,625 $530,150 $184,000
ESSEX VA $275,665 $352,950 $426,625 $530,150 $135,000
FAIRFAX VA $636,150 $814,500 $984,525 $1,223,475 $780,000
FAIRFAX CITY VA $636,150 $814,500 $984,525 $1,223,475 $780,000
FALLS CHURCH CI VA $636,150 $814,500 $984,525 $1,223,475 $780,000
FAUQUIER VA $636,150 $814,500 $984,525 $1,223,475 $780,000
FLOYD VA $292,100 $373,950 $452,000 $561,700 $180,000
FLUVANNA VA $437,000 $559,450 $676,200 $840,400 $332,000
FRANKLIN VA $275,665 $352,950 $426,625 $530,150 $190,000
FRANKLIN CITY VA $275,665 $352,950 $426,625 $530,150 $150,000
FREDERICK VA $281,750 $360,700 $436,000 $541,800 $245,000
FREDERICKSBURG VA $636,150 $814,500 $984,525 $1,223,475 $780,000
GALAX CITY VA $275,665 $352,950 $426,625 $530,150 $112,000
GILES VA $292,100 $373,950 $452,000 $561,700 $180,000

Maryland Loan Limits

For a single-family home in Maryland, FHA’s limits for loans it will insure vary considerably by county. The counties that are located near Washington DC have higher limits, while those located in rural areas have lower limits.

In the Baltimore, Columbia and Towson areas in Anne Arundel County, the maximum amount for a single-family home is $517,500.

For the Hagerstown areas in Washington County, the maximum amount is $275,665. Also, for most non-metro parts of the state, such as in Caroline County, the maximum amount is $275,665.

County Name State One-Family Two-Family Three-Family Four-Family Median Sale Price
ALLEGANY MD $275,665 $352,950 $426,625 $530,150 $82,000
ANNE ARUNDEL MD $517,500 $662,500 $800,800 $995,200 $440,000
BALTIMORE MD $517,500 $662,500 $800,800 $995,200 $440,000
BALTIMORE CITY MD $517,500 $662,500 $800,800 $995,200 $440,000
CALVERT MD $636,150 $814,500 $984,525 $1,223,475 $780,000
CAROLINE MD $275,665 $352,950 $426,625 $530,150 $160,000
CARROLL MD $517,500 $662,500 $800,800 $995,200 $440,000
CECIL MD $379,500 $485,800 $587,250 $729,800 $325,000
CHARLES MD $636,150 $814,500 $984,525 $1,223,475 $780,000
DORCHESTER MD $275,665 $352,950 $426,625 $530,150 $124,000
FREDERICK MD $636,150 $814,500 $984,525 $1,223,475 $780,000
GARRETT MD $275,665 $352,950 $426,625 $530,150 $145,000
HARFORD MD $517,500 $662,500 $800,800 $995,200 $440,000
HOWARD MD $517,500 $662,500 $800,800 $995,200 $440,000
KENT MD $290,950 $372,450 $450,200 $559,500 $181,000
MONTGOMERY MD $636,150 $814,500 $984,525 $1,223,475 $780,000
PRINCE GEORGE’S MD $636,150 $814,500 $984,525 $1,223,475 $780,000
QUEEN ANNE’S MD $517,500 $662,500 $800,800 $995,200 $440,000
SOMERSET MD $316,250 $404,850 $489,350 $608,150 $269,000
ST. MARY’S MD $347,300 $444,600 $537,400 $667,900 $270,000
TALBOT MD $382,950 $490,250 $592,600 $736,450 $293,000
WASHINGTON MD $275,665 $352,950 $426,625 $530,150 $170,000
WICOMICO MD $316,250 $404,850 $489,350 $608,150 $269,000
WORCESTER MD $316,250 $404,850 $489,350 $608,150 $269,000

Washington DC Loan Limits

For a single-family home in the District of Columbia, the maximum loan amount that FHA will insure is $636,150.

County Name State One-Family Two-Family Three-Family Four-Family Median Sale Price
DISTRICT OF COL DC $636,150 $814,500 $984,525 $1,223,475 $780,000

North Carolina Loan Limits

North Carolina has different loan limits as well depending upon the county. For rural areas, the maximum is $275,665. But the limits are higher in other parts of the state.

For example, in the Durham-Chapel Hill area, the maximum loan amount is $359,950. In the Virginia Beach region, the maximum amount for an FHA loan is $458,850. The highest limit in the state is for Elizabeth City in Camden County with a $636,150 limit.

County Name State One-Family Two-Family Three-Family Four-Family Median Sale Price
ALAMANCE NC $275,665 $352,950 $426,625 $530,150 $146,000
ALEXANDER NC $275,665 $352,950 $426,625 $530,150 $128,000
ALLEGHANY NC $275,665 $352,950 $426,625 $530,150 $65,000
ANSON NC $275,665 $352,950 $426,625 $530,150 $64,000
ASHE NC $275,665 $352,950 $426,625 $530,150 $95,000
AVERY NC $275,665 $352,950 $426,625 $530,150 $172,000
BEAUFORT NC $275,665 $352,950 $426,625 $530,150 $120,000
BERTIE NC $275,665 $352,950 $426,625 $530,150 $46,000
BLADEN NC $275,665 $352,950 $426,625 $530,150 $74,000
BRUNSWICK NC $275,665 $352,950 $426,625 $530,150 $176,000
BUNCOMBE NC $275,665 $352,950 $426,625 $530,150 $225,000
BURKE NC $275,665 $352,950 $426,625 $530,150 $128,000
CABARRUS NC $280,600 $359,200 $434,200 $539,600 $243,000
CALDWELL NC $275,665 $352,950 $426,625 $530,150 $128,000
CAMDEN NC $636,150 $814,500 $984,525 $1,223,475 $210,000
CARTERET NC $275,665 $352,950 $426,625 $530,150 $202,000
CASWELL NC $275,665 $352,950 $426,625 $530,150 $70,000
CATAWBA NC $275,665 $352,950 $426,625 $530,150 $128,000
CHATHAM NC $359,950 $460,800 $557,000 $692,200 $313,000
CHEROKEE NC $275,665 $352,950 $426,625 $530,150 $107,000
CHOWAN NC $275,665 $352,950 $426,625 $530,150 $99,000
CLAY NC $275,665 $352,950 $426,625 $530,150 $138,000
CLEVELAND NC $275,665 $352,950 $426,625 $530,150 $93,000
COLUMBUS NC $275,665 $352,950 $426,625 $530,150 $65,000
CRAVEN NC $275,665 $352,950 $426,625 $530,150 $147,000
CUMBERLAND NC $275,665 $352,950 $426,625 $530,150 $151,000
CURRITUCK NC $458,850 $587,400 $710,050 $882,400 $315,000
DARE NC $391,000 $500,550 $605,050 $751,900 $270,000
DAVIDSON NC $275,665 $352,950 $426,625 $530,150 $146,000
DAVIE NC $275,665 $352,950 $426,625 $530,150 $146,000
DUPLIN NC $275,665 $352,950 $426,625 $530,150 $72,000
DURHAM NC $359,950 $460,800 $557,000 $692,200 $313,000
EDGECOMBE NC $275,665 $352,950 $426,625 $530,150 $105,000
FORSYTH NC $275,665 $352,950 $426,625 $530,150 $146,000
FRANKLIN NC $300,150 $384,250 $464,450 $577,200 $261,000
GASTON NC $280,600 $359,200 $434,200 $539,600 $243,000
GATES NC $458,850 $587,400 $710,050 $882,400 $315,000
GRAHAM NC $275,665 $352,950 $426,625 $530,150 $81,000
GRANVILLE NC $275,665 $352,950 $426,625 $530,150 $156,000
GREENE NC $275,665 $352,950 $426,625 $530,150 $50,000
GUILFORD NC $275,665 $352,950 $426,625 $530,150 $157,000
HALIFAX NC $275,665 $352,950 $426,625 $530,150 $73,000
HARNETT NC $275,665 $352,950 $426,625 $530,150 $164,000
HAYWOOD NC $275,665 $352,950 $426,625 $530,150 $225,000
HENDERSON NC $275,665 $352,950 $426,625 $530,150 $225,000
HERTFORD NC $275,665 $352,950 $426,625 $530,150 $61,000
HOKE NC $275,665 $352,950 $426,625 $530,150 $151,000
HYDE NC $483,000 $618,300 $747,400 $928,850 $173,000
IREDELL NC $280,600 $359,200 $434,200 $539,600 $243,000
JACKSON NC $275,665 $352,950 $426,625 $530,150 $170,000

Sources: https://www.hud.gov/states/virginia, https://entp.hud.gov/idapp/html/hicost1.cfm, https://www.hud.gov/states/maryland, https://entp.hud.gov/idapp/html/hicost1.cfm, https://www.hud.gov/states/district_of_columbia, https://www.hud.gov/states/north_carolina,

 

About Bryan Dornan

With over 20 years in the mortgage industry, Bryan Dornan has started several companies, such as the Lead Planet, Mortgage Lenders Plus and the Refi Guide. Mr. Dornan has written hundreds of finance related articles in an effort to promote home-ownership to consumers across the United States.